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Re: metical1 post# 6143

Thursday, 01/18/2007 10:57:09 PM

Thursday, January 18, 2007 10:57:09 PM

Post# of 29782
Under terms of the agreement, Perihelion Global will be allowed recoup the entire cost of the $40 Million BioFuel Refinery via tax abatements. The investment will be recouped at 5% of the total cost of the project per annum over 20 years.

Additionally, the City of Opp, Covington County and the State of Alabama have granted a 10 year abatement of all property taxes, excluding taxes designated for funding public education.

Perihelion's BioFuel Refinery in Opp, Alabama which be the largest Bio-Fuel Refinery in North America


With PRESS like this coming out it might look more like this:





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